REBusinessOnline

Private Investor Sells 18,410 SF Shopping Center in Colorado Springs for $2.1M

3730-3770-Astrozon-Blvd-Colorado-Springs-CO

Located at 3730-3770 Astrozon Blvd. in Colorado Springs, Colo., the property features 18,410 square feet of retail space.

COLORADO SPRINGS, COLO. — A private investor has completed the disposition of a neighborhood shopping center located at 3730-3770 Astrozon Blvd. in Colorado Springs. An undisclosed California-based buyer acquired the property for $2.1 million in a 1031 exchange.

The newly renovated property features 18,410 square feet of retail space.

Cory Gross and Jake Shirek of Marcus & Millichap’s Denver represented the seller, while Brian Smith, also of Marcus & Millichap’s Denver, represented the buyer in the deal. Phillip Gause, also of Marcus & Millichap Capital Corp. in Denver, facilitated the loan for the buyer.

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